Monday, February 14, 2011

Mid day Update

Being that Mondays are usually very strong will be flattening out by end of day. BUD lost its 200 day MA so that was going to be sold either way. BUD being sold here for a 40 cent loss. Selling FCX here for a $2 gain. Will reenter FCX if it can break above its 50 day this week above 57.70. Selling LULU for almost a $10 gain. Looks extended. A pullback toward its 50 day MA will be healthly and purchased.

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